A bank's political quick loan project.

customer pain points
Government procurement suppliers are involved in a wide range of industries, mainly divided into three categories: goods, engineering and services. The supply cycle of service procurement is shorter than that of goods and engineering. Due to the short delivery and payment cycle of government procurement, which puts pressure on the flow of funds from suppliers, but most of the service providers are asset-light enterprises and generally do not have standardized collateral approved by banks, traditional financing methods cannot meet the capital needs of such customers. Traditional order financing has a higher risk of obtaining order information and performing authenticity.

Project Objectives
The promulgation of the regulations for the implementation of the Government Procurement Law has promoted the intensive and integrated management of government procurement and promoted the construction of local government procurement platforms. The platform development of the government procurement market has brought an opportunity for banks to carry out supply chain financing business in this scenario, reducing the risk and cost of bank intervention. Relying on the government's payment credit, through direct connection with the government procurement platform, direct access to orders and supply chain upstream and downstream transaction information, lock the repayment account, realize closed-loop management of capital flow, and solve the supplier's capital needs.
In order to meet the financing needs of more small and micro enterprise customers, promote the innovation of Internet financial products and services, and strengthen cooperation with the government, it is proposed to launch the "government-adopted fast loan" business for small and micro enterprises.

Project Construction
Construction period:
2022.2-2022.12 goes online iteratively in two phases;
Project members:
There are 40 project input members, including 33 at the back end and 7 at the front end.

Business Functions
· Application for loan
· Automatic credit approval
· Marketing task generation and distribution
· Refund account maintenance, contract filing
· Small micro-enterprise legal person loan authorization maintenance process.
· Single loan contract signing and lending.
· Signing of quota contract and activation of quota
· Under the quota
· Self-service repayment
Inquiry of credit application progress, etc.